Everything Related To Crypto Currency
XRP is the "Bankster's non-coin" You are right, Glen! It was pre-mined and is highly centralized. As fiat, XRP is not long for this world.
2017 was about ICOs. 2019 will be about the tokenisation of actual securities. Look into Chain.com, now owned by Stellar’s commercial arm. The company’s now called InterStellar and will focus on tokenising assets on the Stellar Blockchain… including Fiat Currencies. This has a much longer lifespan than XRP – I do own some XRP by the way. https://www.youtube.com/watch?v=BFin9vPybK0
Why would you think that XRP could not be used as money? Its cheaper than Bitcoin and litecoin and faster and once it is seen to have value for cross border payments then maybe it will be used instead of fiat?
How high can xrp go in 2019?
yes but you can spend xrp just like any other cryptocurrency xrp has many more advantages than btc ltc and all these coins are going to be industry specific and well xrp is really setting itself up to dominate and be number 1 and well if the banks are all using it and internet companies are all using it well the majority are going to use it lol
Very interesting Glen, perhaps Ripple is a bridge for wealth to be transferred from one economic infrastructure to the next, and if it's part of the transition strategy it could make a good temporary investment. When to get out depends on whether the transition will be gradual or abrupt. This theory would suggest a gradual transition. Personally I think the transition will span a much longer period of time than people think(5-10 yrs) simply because of the massive deployment of infrastructure that will be needed to accommodate the data involved with the internet of things. It only makes sense to me that the level of innovation on it's way will come in waves that must gradually build. Of course I'm not a psychopath and there's always the possibility that the elite want crisis and abrupt transition so as to do so in dictatorship fashion. There could be many motives for an engineered catastrophic collapse of our present economic infrastructure and accelerated transition. Either way I tend to believe Ripple has a role.
It's not XRP that is fast, but the Ripple system. It's also designed to be able to swap out for other tokens. Banks can use Ripple without XRP. Do you have stock in Ripple?
You XRP fans better be prepared for the announcement that "XRP is now a stablecoin." When it was first proposed, they didn't exist, but now they do and banks are not going to want to play with anything unstable. XRP will equal $1. That's your best situation. if you liked Tether, you'll love XRP and that's why it's already becoming a base pair on exchanges.
I'm here for Glen's good looks and top notch production values.
Thank you for your insight 🙏 I will remember this… When I start hearing about XRP in mainstream, I will move onto the next thing 😊
No I don’t think you’re getting it wrong, I’d say you nailed it. Excellent analysis 🙏🏻.
XRP only one that goes across all ledgers!
Also, ripple can convert cryptos across the currency exchange like none other! In one second time! And for a fraction of the cost!
But glen, btc has forked over and over, which loses confidence and value. XRP cannot fork.
After launch of xrapid, nothing happined. Its products are out there and there is no increase in value, or a measure of value shown on their company website. Companies show value increases of stock on their websites, after every big deal they do. Thats not happining in Ripples website. The price is still less than when bitcoin was high back in december $19,000. Only thing that may increase XRP value may be bitcoin price someday. Ripple Corp. value is not reflected in XRP price so far.
Sounds like a good theory to me.
Clash Of The Titans: SWIFT And Ripple Are Set For A Duel At The ITC Conference In Germanyhttps://ripplecoinnews.com/clash-of-the-titans-swift-and-ripple-are-set-for-a-duel-at-the-itc-conference-in-germany
XRP is not needed for value transfers because there is lightning network and there is old fashoned P2P with bitcoin or litecoin. If banks want to use the Ripple companys product, XRP is not needed. The value of XRP is not much considering Ripple owns 90% currently and can divide the existing amount already out there by millions. Also it is not mined, and its 3rd PARTY CONTROLLED!!! Has the 200 banks that use for it so far made anyone holding XRP rich yet? Good luck
Holy Buzz Cut Batman!
Now THAT'S a proper haircut. Kinda reminds me of the power of the dollar these days…
Glen the answer is yes, and that's why my money is there.
Thanks Glen IMHO you nailed it.
Aside form the bank involvement the problem is this, THOSE COINS ARE NOT SECURITIES AND THEY ARE NOT INVOLVED IN TRANSACTIONS OF MOVING MONEY. THEY ARE JUST A DUMMY COIN. SO PEOPLE ARE BUYING NOTHING.. NOT A PIECE OF THE COMPANY OR NOT A COIN THAT IS USED IN THE TRANSACTIONS. THESE RIPPLE PEOPLE ARE NOT BEING HONEST! I SAW THE CEO ON TV. HE WAS DODGING THE QUESTION WHEN POSE TO HIM ON CNBC. He was squirming like a little pig at buffet full of bacon when he was ask if htey were used in the transactions
Glenn I agree with you on nearly everything but your wrong about this Glenn. Ripplenet can be used to settle between ALL ASSETS be it fiat, commodities, crytos, ex. this is possible because of Ripple's interledger Protocol.
Btc is trying to be a digital currency. Xrp is trying to be the Bridge Asset to everything including btc,Gold,Real Estate,Fiat etc.
Just go to Love for Cryto's channel he explains what the banks are upto: https://www.youtube.com/watch?v=jnLqSytkl4A&t=999s
I might even make a video to try to explain it to everybody myself but in a graphical way.This is the best video that's simple to understand for people that are new to thishttps://www.youtube.com/watch?v=fDi3lk4ICHs
Very good point sir.
There are over 200 countries that use Swift. How many governments have signed up to use Ripple network to transfer funds? Zero. They are off to a bad start. You need at least 90% of the countries to express an interest in Ripple Network to replace Swift, otherwise it won't happen.
Thank you, Very informative, Good work, Catch you on the Next one
There's a problem with proof of work coins like BTC and LTC. look what happened to Ethereum Classic the other day 51%attack. We don't know which coins will survive the next 5 years. Ripple has alot of use cases in the comming years. I'm holding XRP it's going to be huge!
I guess ripple is just like a dollar, someone will create it, make rest of the world use it and thsn control everything. We probably would be better sticking to propper crypto. F..CK ripple.
You need ripples lol
Not only will XRP replace SWIFT (cross border settlement between companies) but will become settlement currency between countries.
XRP is the best coin out there, over 200 FIs have sighted contracts with Ripple, and more to come. Ripple is signing about 1 new contract a week!
Your email address will not be published. Required fields are marked *